Lacker: The Fed Risks Moral Hazard
From today’s WSJ, we see this critique about the Bear Stearns Bailout from an insider: Federal Reserve Bank of Richmond Jeffrey...
Bernanke: Rates Are Well Positioned to Spur Growth
Bernanke Says Rates Are `Well Positioned’ to Spur Growth click for video Excerpt: Federal Reserve Chairman Ben S. Bernanke signaled...
Total Fed Lending to Depository Institutions
Via Ambrose Evans-Pritchard, comes this chart: Wow! Total Borrowings of Depository Institutions from the Federal...
Quote of the Day: Fisher on Inflation
Sayeth the Dallas Fed President: "We know from centuries of evidence in countless economies, from ancient Rome to today’s...
That ’70s Show?
Paul Krugman discusses some of the differences between the current credit crisis and inflationary environment and the 1970s. Professor...
Coincident Index by States
And speaking of the Philly Fed, here is a cool map of Coincident Indicators, broken down per state. This is not a political...
Philly Fed: Don’t Rely On Core Inflation
"We find that food and energy prices are not the most volatile components of inflation and that depending on which inflation measure...
What Was THAT?!?
Heck of day, Bernie. Choose your poison: Technical, Fundamental, Macro-Economic — there’s something for everyone in the...
Fed: Sorry, Our Bad.
FOMC minutes were released at 2:00pm this afternoon. Upon reading the release, Candide Dr. Pangloss suffered a fatal heart attack. The...
